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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (6644)10/23/2000 4:27:14 PM
From: Logain Ablar  Read Replies (1) | Respond to of 30051
 
M:

On SSTI I have resistance right around $24 to $25 and we have the old support @ $26 the recent triple bottom break. If we can move above this (hopefully on decent volumn) then next resistance @ $30 - $31 area. A print of $35 would be a triple top and be very good.

Now since thats getting ahead of ourselves and since we're right at resistance I have support @ $21 area and of course $19. I doubt we see $19 unless market turns again.

This is fron the PnF chart. I also use the ema's and from below you can see we just pierced the 13 & 20 day ema's.

Hope this helps

207.61.23.98



To: mishedlo who wrote (6644)10/23/2000 4:55:41 PM
From: Zeev Hed  Respond to of 30051
 
By now you should now that on Mondays I lighten up since I am rarely in the office Tuesday mornings (g). You got to develop some "guts of your own". SSTI showed no signs of weakening, but I had a good 15%, and I think that unless it does breach $25 tomorrow (my target in any event) then later in the week or early next week, we might be able to get it back in the low 20'.

Zeev


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